GREY:CNKEF - Post by User
Comment by
George98on Apr 04, 2017 5:51pm
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Post# 26076107
RE:RE:RE:CKE's operating cost per boe proforma CRAFT & facts
RE:RE:RE:CKE's operating cost per boe proforma CRAFT & factsFew more facts:
The NEW CKE (83% natural gas) with EV now of only C$55 million trades only C$1,100 per net Montney acre in British Columbia. Fact.
PPY paid C$4,000 per net Montney acre in British Columbia for neighboring and indebted UGR (93% natural gas).
PGF recently sold its Montney acreage (Bernadet) in British Columbia with ZERO production, ZERO Reserves and ZERO Cash Flow for C$3,900 per Montney acre:
https://www.marketwired.com/press-release/pengrowth-announces-sale-of-bernadet-montney-lands-for-92-million-2205127.htm